Amidst intense digital disruption, community banks face unprecedented levels of competition from old and new players alike - most with magnitudes more resources and budget at their disposal. But with the right strategic lens and the right technology, community banks can not only level the playing field against bigger, resource rich organizations - they can out-compete them, too.
To expand on this topic, Numerated Founder & CEO Dan O'Malley was joined by First Mutual Holding Co. Tom Fraser for a presentation at Bank Director's annual Acquire or Be Acquired conference. During the session, the pair talked about community bank tech investments and priorities, and highlighted success at one of Tom's affiliate banks, First Federal Lakewood.
Learn how banks are prioritizing technology investments and putting data to work to grow loans and deposits by downloading the conference presentation slides today.
Inc.: PPP Will Reopen and It Won't Be Smooth
Banking Dive: Banks Embrace Automation in Run Up to PPP
Reuters: PPP to Reopen Monday with New Fraud Checks
WSJ: Small Biz Loan Program PPP to Reopen Jan. 11
TechCrunch: Here’s how fast a few dozen startups grew in Q3 2020
Washington Business Journal: PPP loan forgiveness 'floodgates' to open
Boston Business Journal: MA Banks Turn to FinTechs for Help with PPP Forgiveness
Bank Director: A Technological Reckoning
American Banker: Banks Seek More FinTech Help for PPP's Next Phase